CJR: Boiler Room

It seems to me that well into Year II of the Panic, the business press is in the process of making the same mistake it made in the run-up to the debacle: focusing on esoteric Wall Street concerns and ignoring the simplest, most basic, but most important one--the breathtaking corruption that overran the U.S. lending industry, including and especially the brand names, and the extent to which Wall Street drove that corruption. Full Story »

Posted by Tshiung Han See - via Columbia Journalism Review
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Subjects: Business
Topics: Finance
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Posted by: Posted by Tshiung Han See - Sep 16, 2008 - 7:13 PM PDT
Reviewed by: Tshiung Han See (review)
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Tshiung Han See
5.0
by Tshiung Han See - Oct. 1, 2008

Insightful analysis of the ongoing credit crunch, with sources mainstream and independent, about what the news coverage is missing: the corruption in lending houses and Wall Street's complicity in it.

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